XRP/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The pair Ripple/Tether (XRP/USDT) moves from the ascending trendline downwards

A descending movement downwards to the next support at 3.163000000 will continue.

Caution: A possible change in the direction of the resistance line at 3.578700000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘RSI fall below 70’ indicator signal is found. The indicator is ‘RSI fall below 70’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘Matching Low’ candle chart pattern is found. The candles show ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

3.238700000 – 3.218100000 – 3.265100000 – 3.163000000 – 3.156400000 – 2.998100000 — 50.595279315641 – 50.036405720832

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low – Rising Wedge Chart Pattern –